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Brightstar Lottery (BRSL) director reports RSU vesting, tax withholding and 17,316-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brightstar Lottery PLC director Zappia Mariangela reported routine equity compensation transactions involving ordinary shares and restricted share units. On May 12, 2026, she exercised derivatives to acquire 3,313 ordinary shares, then had 399 shares withheld at $11.55 per share to cover tax liabilities, leaving 2,914 shares held directly.

These 3,313 shares came from previously granted restricted share units that vested on May 12, 2026. On the same date, she also received a new grant of 17,316 restricted share units, each representing a right to one ordinary share, scheduled to vest on May 11, 2027.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting, tax withholding, and new grant with no open-market trades.

The filing shows Zappia Mariangela converting previously awarded restricted share units into 3,313 ordinary shares of Brightstar Lottery PLC. A portion, 399 shares, was withheld at $11.55 per share to satisfy tax obligations, a standard non-market mechanism.

Following these transactions, she directly holds 2,914 ordinary shares from this vesting event and has a new award of 17,316 restricted share units that vest on May 11, 2027. With no open-market buys or sells and no remaining derivative positions disclosed here, the activity appears as routine compensation and tax management rather than a directional signal.

Insider Zappia Mariangela
Role null
Type Security Shares Price Value
Grant/Award Restricted Share Units 17,316 $0.00 --
Exercise Restricted Share Units 3,313 $0.00 --
Exercise Ordinary Share 3,313 $0.00 --
Tax Withholding Ordinary Share 399 $11.55 $5K
Holdings After Transaction: Restricted Share Units — 17,316 shares (Direct, null); Ordinary Share — 3,313 shares (Direct, null)
Footnotes (1)
  1. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 12, 2026, and have no expiration date. Shares withheld for payment of tax liability. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 11, 2027, and have no expiration date.
Tax-withheld shares 399 shares at $11.55 Shares withheld to pay tax liability on May 12, 2026
Shares from RSU exercise 3,313 ordinary shares Shares acquired via derivative exercise on May 12, 2026
Shares held after transaction 2,914 ordinary shares Direct holdings following vesting and tax withholding
New RSU grant 17,316 restricted share units Awarded May 12, 2026, each for one ordinary share
RSU vesting date (exercised units) May 12, 2026 Previously granted RSUs that were converted into shares
RSU vesting date (new grant) May 11, 2027 Vesting date for 17,316 newly granted RSUs
Restricted Share Units financial
"Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zappia Mariangela

(Last)(First)(Middle)
10 MEMORIAL BOULEVARD

(Street)
PROVIDENCE RHODE ISLAND 02903

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Brightstar Lottery PLC [ BRSL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Share05/12/2026M3,313A(1)3,313D
Ordinary Share05/12/2026F399(2)D$11.552,914D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(3)05/12/2026A17,316 (3) (3)Ordinary Share17,316(3)17,316D
Restricted Share Units(1)05/12/2026M3,313 (1) (1)Ordinary Share3,313(1)0D
Explanation of Responses:
1. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 12, 2026, and have no expiration date.
2. Shares withheld for payment of tax liability.
3. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 11, 2027, and have no expiration date.
/s/ Rafael Rosillo, attorney-in-fact05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Brightstar Lottery (BRSL) director Zappia Mariangela report in this Form 4?

She reported routine equity compensation activity: vesting and exercise of 3,313 restricted share units into ordinary shares, tax withholding of 399 shares, and a new grant of 17,316 restricted share units, all on May 12, 2026.

Did Zappia Mariangela buy or sell Brightstar Lottery (BRSL) shares on the open market?

No open-market purchases or sales occurred. The Form 4 shows a derivative exercise converting restricted share units into 3,313 ordinary shares and a tax-withholding disposition of 399 shares, both non-market transactions tied to equity compensation and tax obligations.

How many Brightstar Lottery (BRSL) shares does Zappia Mariangela hold after these transactions?

After the May 12, 2026 transactions, she directly holds 2,914 ordinary shares. This reflects the 3,313 shares received on exercise of restricted share units minus 399 shares withheld to cover tax liabilities on the vesting event.

What new restricted share units did Zappia Mariangela receive from Brightstar Lottery (BRSL)?

She received a new grant of 17,316 restricted share units on May 12, 2026. Each unit represents a contingent right to one ordinary share, with the grant scheduled to vest on May 11, 2027, and stated to have no expiration date.

What does the tax-withholding disposition in the Brightstar Lottery (BRSL) Form 4 mean?

The tax-withholding disposition reflects 399 shares withheld at $11.55 per share to pay tax liabilities from vesting. This F-code transaction is not an open-market sale but an administrative step where shares cover taxes owed on the equity compensation.

Are any restricted share units still outstanding for Zappia Mariangela at Brightstar Lottery (BRSL)?

Yes. After exercising 3,313 previously granted restricted share units, she now holds 17,316 restricted share units. According to the footnotes, these units vest on May 11, 2027, with each unit convertible into one ordinary share upon vesting.